an unproven story. what i like now about this management versus the old management, instead of going out and trying tonight biggest, greatest global story, they are really focusing on internal execution and right-sizing the company. they have needed to do that for a long time. i hope they go for as far as they need to. >> the c-card, this is an event that the fed will either approve or disapprove of the capital plan for these banks. >> yes. >> and you're expecting the fed will approve all these dividends as well as capital -- as well as stock buybacks. >> to a certain degree. the fed will be more comfortable. if sympathy commits to buying shares back and something changes and there's more uncertainty around citi, they can halt their share. they won't have to cut their dividend again, but for bank of america i expect them to do both, increase their dividend and buy shares back. >> i guess i was reading an article recently that the federal reserve had become so involved in decisions about acquisitions, de